Header cover image

Australian (ASX) Gold Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies155
  • 7D-0.4%
  • 3M12.6%
  • 1Y64.3%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 3.0%, driven by a pullback from Northern Star Resources of 2.4%. Over the past 12 months, the industry was up 60%. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025AU$78.6bAU$20.5bAU$2.6b20.3x30.5x3.8x
Sun, 19 Jan 2025AU$77.4bAU$18.7bAU$1.8b20.8x42.3x4.1x
Tue, 17 Dec 2024AU$72.6bAU$18.6bAU$1.8b21.1x40.1x3.9x
Thu, 14 Nov 2024AU$69.5bAU$18.5bAU$1.8b18.5x38.5x3.8x
Sat, 12 Oct 2024AU$69.2bAU$18.4bAU$1.8b21.5x38.7x3.8x
Mon, 09 Sep 2024AU$62.7bAU$18.3bAU$1.7b20.8x37.7x3.4x
Wed, 07 Aug 2024AU$59.4bAU$16.1bAU$1.1b22.1x53.5x3.7x
Fri, 05 Jul 2024AU$56.6bAU$16.0bAU$1.1b21.3x52.7x3.5x
Sun, 02 Jun 2024AU$59.9bAU$17.1bAU$1.2b21.1x50.5x3.5x
Tue, 30 Apr 2024AU$59.6bAU$17.2bAU$1.2b21.9x50x3.5x
Thu, 28 Mar 2024AU$54.1bAU$16.9bAU$1.2b17.8x44.1x3.2x
Sat, 24 Feb 2024AU$47.5bAU$16.2bAU$915.3m19.7x51.9x2.9x
Mon, 22 Jan 2024AU$71.2bAU$22.9bAU$1.3b22.6x52.9x3.1x
Wed, 20 Dec 2023AU$75.6bAU$22.9bAU$1.3b25.2x56.2x3.3x
Fri, 17 Nov 2023AU$71.1bAU$22.9bAU$1.4b21.9x52.6x3.1x
Sun, 15 Oct 2023AU$69.4bAU$23.1bAU$1.4b21.7x50.3x3x
Tue, 12 Sep 2023AU$68.5bAU$22.9bAU$1.4b19x49x3x
Thu, 10 Aug 2023AU$68.5bAU$22.5bAU$572.7m17.4x119.6x3x
Sat, 08 Jul 2023AU$68.7bAU$22.3bAU$554.3m16.2x123.9x3.1x
Mon, 05 Jun 2023AU$73.2bAU$22.4bAU$589.6m18x124.1x3.3x
Wed, 03 May 2023AU$74.7bAU$22.4bAU$582.9m19.1x128.2x3.3x
Fri, 31 Mar 2023AU$68.9bAU$22.3bAU$572.1m15.6x120.5x3.1x
Sun, 26 Feb 2023AU$60.1bAU$22.3bAU$572.7m16.8x105x2.7x
Tue, 24 Jan 2023AU$69.3bAU$20.7bAU$1.1b19.5x60.7x3.3x
Thu, 22 Dec 2022AU$63.0bAU$21.1bAU$1.2b18.7x52.9x3x
Sat, 19 Nov 2022AU$57.4bAU$21.1bAU$1.2b15.2x47.4x2.7x
Mon, 17 Oct 2022AU$49.3bAU$21.6bAU$1.3b14.2x38.2x2.3x
Wed, 14 Sep 2022AU$51.5bAU$20.7bAU$1.4b11.7x36.9x2.5x
Fri, 12 Aug 2022AU$56.3bAU$19.1bAU$2.1b10.3x26.4x2.9x
Sun, 10 Jul 2022AU$50.7bAU$19.3bAU$2.2b7.9x23.4x2.6x
Tue, 07 Jun 2022AU$63.8bAU$19.0bAU$2.1b9.5x30x3.4x
Thu, 05 May 2022AU$68.5bAU$19.1bAU$2.2b11.3x31.3x3.6x
Sat, 02 Apr 2022AU$72.8bAU$18.7bAU$2.2b11.5x33.8x3.9x
Mon, 28 Feb 2022AU$66.0bAU$18.5bAU$2.4b10.7x27.8x3.6x
Price to Earnings Ratio

27.8x


Total Market Cap: AU$66.0bTotal Earnings: AU$2.4bTotal Revenue: AU$18.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 63.8x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 32.9x which is lower than its 3-year average PE of 63.7x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market-2.48%
Materials-1.97%
Metals and Mining-2.15%
Gold-0.37%
Precious Metals and Minerals6.33%
Silver3.80%
Copper0.13%
Diversified Metals and Mining-2.14%
Steel-4.35%
Aluminum-5.65%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PRU Perseus MiningAU$2.902.1%
+AU$82.3m
72.6%PE7.9x
RMS Ramelius ResourcesAU$2.732.6%
+AU$80.9m
100.0%PE14.6x
BC8 Black Cat SyndicateAU$0.8614.6%
+AU$65.8m
343.6%PS112.3x
RSG Resolute MiningAU$0.387.1%
+AU$53.2m
8.7%PE40.3x
EVN Evolution MiningAU$6.360.3%
+AU$39.8m
116.3%PE18.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

RMS

AU$2.73

Ramelius Resources

7D

2.6%

1Y

100.0%

CAY

AU$0.27

Canyon Resources

7D

8.0%

1Y

237.5%

NST

AU$18.15

Northern Star Resources

7D

-2.2%

1Y

42.1%

OBM

AU$0.94

Ora Banda Mining

7D

-6.0%

1Y

283.7%

DEG

AU$2.09

De Grey Mining

7D

-2.3%

1Y

67.2%

GG8

AU$0.27

Gorilla Gold Mines

7D

20.0%

1Y

440.0%

RSG

AU$0.38

Resolute Mining

7D

7.1%

1Y

8.7%

EMR

AU$4.11

Emerald Resources

7D

-2.1%

1Y

45.2%

RXL

AU$0.27

Rox Resources

7D

17.8%

1Y

76.7%

SPR

AU$1.35

Spartan Resources

7D

-3.2%

1Y

189.2%

BC8

AU$0.86

Black Cat Syndicate

7D

14.6%

1Y

343.6%